Halftime Report The Road Ahead for the Rally 1/16/26
Jan 16, 2026
In this discussion, Stephanie Link, a seasoned portfolio manager, emphasizes the importance of diversification beyond mega-cap tech. Jenny Harrington advocates for risk management through granular stock-picking strategies, while Josh Brown categorizes the ongoing rally as a cyclical bull market linked to AI advancements. He highlights CBRE Group as a top stock, praising its shift towards recurring services. The panel debates the future of key tech stocks and reviews market reactions as earnings season approaches, providing insights into portfolio strategies for 2026.
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Episode notes
Rotation Beyond Tech Underpins Rally
- The rally is broadening beyond tech into cyclicals like industrials, materials, energy, and financials.
- Stronger-than-expected economic data and improved productivity are supporting that rotation.
Trim Risk Without Exiting Stocks
- Take some risk off the table if you don't need to nail the market top and prefer diversification.
- Use lower-risk stock strategies or trim positions rather than exiting the market entirely.
Late-Cycle Bull With Broadening Leadership
- The current market cycle looks like a cyclical, late-cycle bull with commodity and industrial strength.
- AI-led mega-cap leadership has peaked relative to the S&P and flows are broadening into small and mid caps plus commodities.